Financial News Blogs & Blog Posts
Blogs on financial news
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Latest Blog Posts on financial news
- High Balance Conforming Loan Limits for 2010…Same As 2009! by Picture Perfect San Diego on Nov 17, 2009
Great news for San Diego real estate buyers! Fannie Mae (FNMA) announced that they are keeping 2009’s High Balance Conforming loan limits for 2010. Freddie Mac (FHLMC) made a similar announcement. As we all know, the regular conforming loan l...
- Congress Extends Home Buyer Tax Credit! by Picture Perfect San Diego on Nov 7, 2009
As part of its plan to boost the residential housing market and to stimulate the overall economy in general, Congress has passed new legislation that: Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April...
- Senate Extends and Expands Homebuyer Tax Credit by Picture Perfect San Diego on Nov 5, 2009
More great news for home buyers…late Wednesday that Senate unanimously extended the $8000 first time buyer tax credit, also expanding it to include a $6500 tax credit to all buyers who are not first time home buyers. The new deadline will be Ap...
- Short Sales May Finally Get Shorter by Picture Perfect San Diego on Nov 4, 2009
The dreaded short sale…you find a property at a great price, make an offfer, and wait. Many times the bank takes months to respond, creating frustration among buyers, sellers and agents. I personally groan when I pull up properties for clients...
- Adios to the Home Valuation Code of Conduct? by Picture Perfect San Diego on Nov 1, 2009
Did all the complaining work? It appears that the controversial Home Valuation Code of Conduct (HVCC)–an appraisal system that was the brainchild of Fannie Mae and Freddie Mac and caused much aggravation amongst Realtors, home buyers and seller...
- When Does It Makes Sense to Refinance? by Picture Perfect San Diego on Oct 31, 2009
Trying to decide whether or not to refinance your mortgage can be like trying to find treasure on a deserted island. You can shovel a lot of sand and still come up empty-handed at the end of the day. However, you can sift it all down and find tha...
- Will Option ARM Resets Cause a National Crisis? by Picture Perfect San Diego on Sep 26, 2009
Are we in for a national crisis with option ARMs resetting in the next several years, or it is all just a bunch of baloney? Option ARMs were the most popular types of mortgage product between 2003 and 2006, as they provided many borrowers who other...





